Market Watch

Tuesday, August 4, 2009

Technical Calls 4 August 2009

740 STOP LOSS SELL JSW STEEL BELOW 730 TARGET 698

BUY EID PARRY (BSECODE 500125) AT 318 FOR TARGET 420, STOP LOSS 294. VENTURA
BUY EVEREST KANTO 532684 AT 188 TARGET 210-233 STOP LOSSS 177

480 OR 464 STOP LOSS BUY BPCL 500547 ABOVE 500 TARGET 560

491 STOP LOSS SELL TISCO AT 480 TARGET 465-457-444

BUY GUJ MIN 53181 AT 93 TARGET 108—STOP LOSSS 86
875 ABOVE BUY TECH MAHINDRA TARGET 1150 STOP LOSS 835

ADITYA BIRLA (500303)CMP (Rs 890;) BUY for target of 1035 with stop loss of 862.
INDIA BULLS (532544) CMP (Rs 210;) BUY Buy for target of 257 with stop loss of 196.
4682-4651 On Tuesday 4682-4651 will be buy area.
Strong Markets will not break 4670 .
4750-4800. Above 4682 Nifty could test 4723 ( Monday`s high ).Further it could open for 4750-4800.
4606-4572-4516-4337-4259-4133. Nifty has support at 4617 ( Monday`s low ).Below it could open 4606-4572-4516-4337-4259-4133.

15826-15720 On Tuesday 15826-15720 will be buy area.
Strong markets will not break 15785.
16500-17000-17500 Above 15826 Sensex could test 15963 ( Monday`s high ). Further it could open for 16500-17000-17500
15549-15425-15227-14599-14341-13926. Sensex has support at 15608 ( Monday`s low ).
Below that we open for 15549-15425-15227-14599-14341-13926.